Nature Risk profile : Companies Impacts And Dependencies On Nature
The UN Environment Programme (UNEP) and S&P Global launched ‘Nature Risk Profile’, a new methodology for analyzing companies’ impacts and dependencies on nature
- It was released at Davos World Economic Forum Summit
- Its methodology is based on Kunming-Montreal Global Biodiversity Framework (GBF)
- The Nature Risk Profile is aimed at enabling the financial sector to measure and address nature-related risk by providing scientifically robust and actionable analytics on nature impacts and dependencies.
- With half of the world’s GDP highly dependent on nature, biodiversity loss is a growing concern for global business leaders. According to the World Economic Forum’s 2023 Global Risks Report
- The United Nations Environment Programme (HQ: Nairobi, Kenya) is responsible for coordinating responses to environmental issues within the United Nations system.
- It was established by Maurice Strong, its first director, after the United Nations Conference on the Human Environment in Stockholm in June 1972.